Existing Receivables Securitization Program definition

Existing Receivables Securitization Program means the Amended and Restated Transfer and Administration Agreement, dated as of August 8, 2017 among Tech Data Finance SPV, Inc., the Company and The Bank of Nova Scotia, as in effect from time to time.
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Existing Receivables Securitization Program the receivables securitization program evidenced by the Receivables Financing Agreement, dated as of December 5, 2014, by and among, inter alios, AROP Funding, LLC, as borrower, Alliance Coal, LLC, as initial servicer and PNC Bank, National Association, as administrative agent (as the same may be amended, ​ ​ 26 Alliance Coal, LLC ​ Credit Agreement ​ ​ restated, supplemented, replaced or otherwise modified from time to time; provided that no such amendment, restatement, supplement, replacement or modification shall cause such securitization program to not be permitted hereunder).
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Existing Receivables Securitization Program means the program providing for transfers of receivables by the Company and its Subsidiaries pursuant to the Receivables Sale Agreement, dated as of June 28, 2001 between the Company, Inc., as originator, and the Company Receivables Corporation, as buyer, and the Amended and Restated Receivables Purchase Agreement dated as of February 6, 2002 among the Company Receivables Corporation, as seller, the Company, Inc., as servicer, the companies defined therein, the financial institutions defined therein, and Bank One NA, as agent, as amended from time to time.
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Examples of Existing Receivables Securitization Program in a sentence

  • The Existing Receivables Securitization Program and all commitments thereunder shall be terminated (other than amounts not in excess of$200,000,000 which many remain outstanding during the pendency of such termination) or arrangements reasonably satisfactory to Parent for such termination shall have been made on or prior to the Closing Date.

  • Without limiting the generality of the foregoing, the Company shall use its commercially reasonable efforts to obtain a waiver of the 30 day notice requirement to terminate the Existing Receivables Securitization Program (the “ Securitization Termination Notice Period”).


More Definitions of Existing Receivables Securitization Program

Existing Receivables Securitization Program means (i) the Existing Purchase and Servicing Agreement, (ii) the Existing Receivables Purchase Agreement, and (iii) all 17 CREDIT AGREEMENT documents, agreements, and instruments relating to either of the foregoing, in each case as amended, modified, or supplemented through the Closing Date and from time to time thereafter to the extent permitted by subsection 7.12.
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Related to Existing Receivables Securitization Program

  • Permitted Receivables Financing means any one or more receivables financings in which (a) any Loan Party or any Restricted Subsidiary (i) sells (as determined in accordance with GAAP) any accounts (as defined in the Uniform Commercial Code as in effect in the State of New York), payment intangibles (as defined in the Uniform Commercial Code as in effect in the State of New York), notes receivable, rights to future lease payments or residuals (collectively, together with certain property relating thereto and the right to collections thereon, being the “Transferred Assets”) to any Person that is not a Subsidiary or Affiliate of the Borrower (with respect to any such transaction, the “Receivables Financier”), (ii) borrows from such Receivables Financier and secures such borrowings by a pledge of such Transferred Assets and/or (iii) otherwise finances its acquisition of such Transferred Assets and, in connection therewith, conveys an interest in such Transferred Assets to the Receivables Financier or (b) any Loan Party or any Restricted Subsidiary sells, conveys or otherwise contributes any Transferred Assets to a Receivables Financing SPC, which Receivables Financing SPC then (i) sells (as determined in accordance with GAAP) any such Transferred Assets (or an interest therein) to any Receivables Financier, (ii) borrows from such Receivables Financier and secures such borrowings by a pledge of such Transferred Assets or (iii) otherwise finances its acquisition of such Transferred Assets and, in connection therewith, conveys an interest in such Transferred Assets to the Receivables Financier; provided that (A) the aggregate Attributed Principal Amount for all such financings shall not at any time exceed $600,000,000 and (B) such financings shall not involve any recourse to any Loan Party or any Restricted Subsidiary for any reason other than (x) repurchases of non-eligible assets or (y) indemnifications for losses other than credit losses related to the Transferred Assets.

  • Qualified Receivables Financing means any Receivables Financing of a Receivables Subsidiary that meets the following conditions: